
Regeneron reports "clean sweep" Q3 with $5.1B revenue, 36% growth; key pipeline catalysts ahead | Gif: 3dribblemax on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Business Development & Partnerships
Kiora Pharmaceuticals in-licenses late-stage oral calpain inhibitor KIO-401 from Senju Pharmaceutical for CRAO, NAION
Licensing deal, rare disease, small molecule, ophthalmology, milestone payments - Read more
THE GOOD
Company Launches
Setara Biosciences launches with $90M financing to develop Charcot-Marie-Tooth and rare disease treatments
Rare disease, small molecule, neurological, ion channel, clinical-stage - Read more
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✅ More Good News ✅
THE GOOD
Earnings & Finances
Regeneron reports "clean sweep" Q3 with $5.1B revenue, 36% growth; key pipeline catalysts ahead
Monoclonal antibody, oncology, autoimmune, financial, revenue impact - Read more
AbbVie beats Q3 estimates, raises full-year guidance, eyes bolt-on acquisitions over megadeals
Small molecule, autoimmune, neurological, financial, strategic - Read more
Gilead Sciences' Q3 HIV sales surge 18% to $6.2B, driving highest annual growth since 2015
Small molecule, HIV, revenue impact, financial - Read more
THE GOOD
Fundraises
Bambusa Therapeutics prices upsized $168.9M IPO, developing bispecific antibodies for immunology
Clinical-stage, bispecific antibody, immunology, inflammation, long-acting - Read more
Aspen Neuroscience raises $140.6M IPO to advance Parkinson's personalized cell therapy
Cell therapy, Parkinson's disease, neurological, stem cell, clinical-stage - Read more
THE GOOD
Investments
Bracco invests $230M to build first U.S. diagnostic imaging manufacturing facility in North Carolina
Contrast media, diagnostic imaging, operational, major transaction - Read more
THE GOOD
Product Launches
Roche globally launches VENTANA BAP1 IHC test for mesothelioma differential diagnosis
Immunohistochemistry, mesothelioma, rare disease, oncology, regulatory - Read more
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❌ The Bad News ❌
THE BAD
Clinical Trials
Acumen Pharmaceuticals' (sabirnetug) Ph2 fails to improve cognition in early Alzheimer's disease, prompting development discontinuation
Antibody, neurological, monoclonal antibody, Alzheimer's disease, amyloid beta, blood-brain barrier - Read more
Gilead places partial clinical hold on KITE-753 (anti-CD19/CD20) Ph2/Ph3 trials in diffuse large B-cell lymphoma over safety concerns
Cell therapy, cancer, CAR-T, diffuse large B-cell lymphoma, CD19/CD20 target, ICANS - Read more
Eli Lilly drops (mevidalen) Ph2 program for symptomatic Alzheimer's disease after failing internal success bar
Small molecule, neurological, dopamine D1 receptor modulator, Alzheimer's disease, positive allosteric modulator - Read more
THE BAD
Earnings & Finances
Alnylam CEO admits franchise underperformance as stock plunges 56% amid mounting competitive and pricing pressures
RNA interference, rare disease, financial, competitive, regulatory - Read more
THE BAD
Layoffs
Lenz Therapeutics cuts 75% of workforce, replaces CEO amid commercial struggles with Vizz eye drops
Small molecule, ophthalmology, cost reduction, operational - Read more
Molecular Partners to lay off up to 44% of workforce, pivoting focus to radiotherapeutic pipeline
Radiopharmaceutical, oncology, cost reduction, operational - Read more
THE BAD
Strategic Plans
AstraZeneca discontinues Ph1/2 AZD9750 androgen receptor degrader and AZD8359 STEAP2 T-cell engager for prostate cancer
Small molecule, cancer, prostate cancer, androgen receptor degrader, T-cell engager, STEAP2 - Read more
Sanofi targets late-stage and commercial M&A deals to offset looming Dupixent patent expiry in 2031
Monoclonal antibody, autoimmune, strategic, major transaction - Read more
You’re all caught up on the latest Pharma & Biotech News!
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